Links of London jewellery chain goes into administration
(The Guardian Business News)

Mike Ashley and Hilco among parties interested in making bids for 350 outlet companyJewellery chain Links of London has collapsed into administration, putting up to 350 jobs at risk, in a new blow to the high street.The chain, which operates 35 stores and concessions in the UK and Ireland, had been seeking a buyer before being put into administration on Tuesday. Sports Direct owner, Mike Ashley, and Hilco Capital, the owner of Homebase, had been reported as potential bidders in a last-ditch attempt to sell the loss-making business kicked off by its parent company in August. Continue reading...